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feed-grains soy-oilseeds wheat

Market Commentary

Yesterday the Trump administration detailed a list of about 1,300 items imported from China that it intends to subject to a 25 percent tariff to offset $50 billion of losses attributed to that country’s theft of U.S. intellectual property. China’s response was surprisingly quick with an announcement only hours later that it intended to retaliate with a 25 percent tariff on 106 products it imports from the U.S. that also have an annual value of $50 billion. On the Chinese list are soybeans, cars, aircraft, whiskey, and a host of other items, including agricultural products. Besides soybeans, the list includes certain beef cuts, cotton, grain sorghum, corn products, high protein milling wheat and orange juice. China imported about...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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